Obama's EPA to require better gasoline, cleaner air

The Environmental Protection Agency will move ahead Friday with a rule requiring cleaner gasoline and lower-pollution vehicles nationwide, amounting to one of President Obama’s most significant air pollution initiatives, according to people briefed on the decision.

The proposed standards would add less than a penny a gallon to the cost of gasoline while delivering an environmental benefit akin to taking 33 million cars off the road,

Based on extensive input from auto manufactures, refiners, and states, the U.S. Environmental Protection Agency (EPA) today proposed sensible standards for cars and gasoline that will significantly reduce harmful pollution, prevent thousands of premature deaths and illnesses, while also enabling efficiency improvements in the cars and trucks we drive. These cleaner fuels and cars standards are an important component of the administration’s national program for clean cars and trucks, which also include historic fuel efficiency standards that are saving new vehicle owners at the gas pump today. Once fully in place, the standards will help avoid up to 2,400 premature deaths per year and 23,000 cases of respiratory ailments in children.

Of course, the oil refining executives hate it, which tells you that this is a good move.